Is rETH2 doing well?
No, because the price is below all three moving averages, it is in a downtrend.
The rETH2 Forecast for 2023
Let's look at the one-year forecast since it is the most accurate of the analysts' predictions.
Analysts offered a wide range of forecasts for the rETH2 price over the next year. The most optimistic forecast for the price target was $2309.86, implying an 87 percent increase in 12 months, but the worst-case scenario anticipated a fall to as low as $1754.18.
The most up-to-date average price target for the year ahead is $1998.28.
That would represent a potential gain of 0.69 percent.
RETH2 - Relative Strength Forecast
RETH2 - Trend Prediction
RETH2 - Price Volatility Prediction
RETH2 - Relative Strength
RETH2 - Momentum Forecast
What Does the Future Hold for rETH2 In 2025-2030?
rETH2's long-term prospects look promising. The average price target for rETH2 by the end of 2020 was $2025.96, according to seven analysts. Their five-year forecast projects the price of rETH2 to be $2054.01 by 2025. By 2030, the long-term prediction is $2096.82.